10 h. ago Tax the rich more to fill black hole in public finances, Labour members tell Starmer

Exclusive: PM urged to conduct a ‘radical change of direction’ as the government attempts to plug gaps in the public finances

Economics

32 h. ago Britain braces for another tax bomb amid warnings UK economy is 'flashing red' as growth slows to 0.3 per cent while Rachel Reeves faces a £50bn black hole

The Office for National Statistics said gross domestic product grew by 0.3 per cent for the quarter after 0.7 per cent growth in the first three months of the year.

Events

41 h. ago Inheritance tax will apply to pension pots... even if workers die before retirement as Rachel Reeves tries to fill financial black hole

The Chancellor announced last year that retirement savings will be subject to the levy from April 2027.

Economics

5 d. ago Embattled Rachel Reeves urges public to be patient with Labour on rescuing economy

Labour chancellor has been warned of a £50bn black hole in the government’s finances and that inflation will see consumers hit with higher prices this winter

Events

6 d. ago Labour lays the ground for September tax bombshell as Rachel Reeves looks to fill £50billion black hole in nation's finances

Labour is laying the ground for tax reforms this autumn that could spell misery for millions.

Economics

7 d. ago Biggest black hole discovered is 36 billion times bigger than our Sun

Astronomers have spotted what could be the biggest black hole known in the Universe

Politics

7 d. ago Most massive black hole EVER discovered: Huge behemoth is 10,000 times heavier than the void at the centre of the Milky Way

Scientists have found the most massive black hole ever discovered in a galaxy five billion light-years from Earth.

Politics

7 d. ago Keir Starmer and Rachel Reeves 'lay the ground for massive tax hikes' with Chancellor 'needing to fill £50billion hole' at grim Budget

Keir Starmer and Rachel Reeves are said to have started holding meetings on how to fill a black hole in the public finances estimated at up to £50billion.

Economics

7 d. ago Astronomers may have found the most massive black hole in universe

Gargantuan object is around 36 million times more massive than our sun

Politics

8 d. ago What could go wrong? Scientists want to launch an interstellar mission to a BLACK HOLE

Scientists want to launch an interstellar mission into the heart of a distant black hole, but it could take up to 100 years.

Events

9 d. ago Keir Starmer REFUSES to rule out tax hikes in the Budget after economists warn Labour is facing a huge £50bn black hole in public finances

The Prime Minister said he didn't recognise 'some of the figures that are being put out' amid suggestions that Rachel Reeves is on track to miss one of her fiscal rules.

Economics

9 d. ago Starmer refuses to rule out tax rises in autumn as he faces growing pressure to fill £50bn budget black hole

Labour prime pledged that plans to be set out in the autumn would make ‘sure people feel better off’

Economics

9 d. ago Voices: Rachel Reeves must learn a hard lesson from Labour history – wealth taxes simply don’t work

Taxing unearned income is no way for the chancellor to plug her £41bn spending black hole – the better-off are best placed to find a way around paying it, says Chris Blackhurst

Economics

9 d. ago Keir Starmer pushes back at economists' claims Labour is facing a £50bn black hole

The Prime Minister said he didn't recognise 'some of the figures that are being put out' amid suggestions that Rachel Reeves is on track to miss one of her fiscal rules.

Economics

9 d. ago Sir Keir Starmer declines to rule out tax rises as he defends handling of economy

It comes after warnings that taxes may need to rise to plug a £51 billion black hole in public finances

Economics

9 d. ago Keir Starmer kicks back at dire tax rise warning as experts find '£41billion black hole'

Keir Starmer says he 'does not recognise' figures from think-tank the National Institute of Economic and Social Research (NIESR), which suggested Rachel Reeves needs to raise billions in extra taxes in the Budget

Economics

9 d. ago Chancellor likely to raise taxes 'to fill £51bn black hole in public finances', experts warn

The Chancellor will have to find £51 billion at the autumn budget, according to experts

Economics

9 d. ago Rachel Reeves faces ‘impossible trilemma’ and must raise taxes or cut spending to plug £50bn black hole

Leading economists say the chancellor may have to raise taxes, cut public spending or tear up her fiscal rules

Economics

9 d. ago Which tax rises could the government introduce to fill the £41bn black hole in Britain’s finances?

Labour’s pledge not to raise taxes on ‘working people’ leaves the chancellor with a limited number of workable options to fill a massive black hole in the public finances

Economics

9 d. ago ‘Worrying’ levels of screen time means young people losing confidence to socialise in person, minister warns – UK politics live

Culture secretary Lisa Nandy says ‘majority of young people spend all, or almost all, of their free time alone in their bedrooms, online’Rachel Reeves will need to raise taxes to close a government spending gap that is on course to reach more than £40bn after a slowdown in economic growth and higher-than-expected inflation, according to the National Institute of Economic and Social Research (NIESR), a thinktank. Phillip Inman has the story.Good morning. Keir Starmer is out on a visit today and he will be doing broadcast interviews. It may be the only time we hear from him this week, and there is no shortage of topics that journalists will want to ask him about. By the end of the day we may get new, or newish, lines on Gaza, the “one in, one out” returns deal with France, tax rises and the black hole in the government’s finances (priced at more than £40bn, according to a report from a well-respected thinktank today), Ukraine, the case for and against disclosing suspects’ immigration ...

Politics